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The Lead

ID's Top 5 Of The Week

April 17, 2015 | by Mike Hockett, Associate Editor | Blogs | Comments

Grainger dominates this week's Top 5 with a sluggish quarterly financial report and news of potential expansion, while fellow Big 50 list companies Fastenal, MSC Industrial, and ERIKS-owned Lewis-Goetz were each big items as well.

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Today in Distribution

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SKF Names New CFO As Q1 Sales Jump, Profit Falls

April 17, 2015 1:15 pm | by Mike Hockett, Associate Editor | News | Comments

The Swedish bearing manufacturer had a sales increase in all three of its business areas, while Christian Johansson takes over an executive role.

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Lawmakers Announce Trade Authority Deal

April 17, 2015 12:00 pm | by Andy Szal, Digital Reporter | News | Comments

The policy, known as Trade Promotion Authority, allows Congress to establish priorities for trade talks but prevents lawmakers from altering agreed-upon deals when they come up for approval votes.

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Chemical, Abrasion Resistant Plastic Nameplates

April 17, 2015 10:14 am | by Nameplates For Industry | Product Releases | Comments

More durable and visible than metal nameplates, NFi Plastic Nameplates can incorporate full-color and metallic inks, photographs, sealed windows with serial numbers, date codes, and other details.

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Changing The Customer Conversation To Total Cost

April 17, 2015 9:15 am | by Paul Reilly, Reilly Sales Training | Articles | Comments

For salespeople to convince the cynics, they need to get past price. Getting past price means changing the conversation to total cost.

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Minimum Wage Campaigns Meet Resistance From Some Union Members

April 16, 2015 3:49 pm | by Andy Szal, Digital Reporter | News | Comments

Recent reports, however, suggested the unions that helped bankroll the ongoing wage campaign may be turning away from efforts to organize union elections for low-wage workers.

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Verizon Releases 2015 Data Breach Investigation Report

April 16, 2015 1:07 pm | by Verizon | News | Comments

According to this year’s report, the bulk of the cyberattacks (70 percent) use a combination of both sophisticated and old techniques and involve a secondary victim, adding complexity to a breach.

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Global Power Technologies Signs Distribution Deal With Digi-Key

April 16, 2015 12:50 pm | by Digi-Key Electronics | News | Comments

As part of the agreement, GPTG’s product line of silicon carbide semiconductors will be extended to Digi-Key’s global customer base of 550,000 design engineers.

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How Can Maintenance Supervisors Boost Their Team’s Productivity?

April 16, 2015 12:41 pm | by Joel Levitt, Life Cycle Engineering | Articles | Comments

When managers don't fill up a maintenance supervisor's day with paperwork, they are at their most effective. Here's maintenance supervisors can best serve a company by being active in several roles.

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Wearables Gaining Popularity In Business

April 16, 2015 12:19 pm | by Megan Crouse, Digital Reporter | News | Comments

Along with industrial warehouses already testing and implementing smart glasses, other wearable technology like smartwatches and fitness bands are making their way into plant floors as well.

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Manufacturing Groups Call For Corporate Tax Overhaul

April 16, 2015 12:12 pm | by Andy Szal, Digital Reporter | News | Comments

The National Association of Manufacturers and the MAPI Foundation argue that exempting their companies' foreign earnings from corporate taxes would allow corporations to return them to U.S. shores.

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Grainger Cuts Outlook After Q1 Profit Decrease

April 16, 2015 11:10 am | by Mike Hockett, Associate Editor | News | Comments

Along with a disappointing quarterly earnings report, Grainger announced plans to extensively hire more sales reps and buy back $1 billion of stock in 2015.

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WestAir Names New CFO

April 16, 2015 10:20 am | by Mike Hockett, Associate Editor | News | Comments

Tim Van Linge takes over the leadership position for the U.S. southwest independent distributor of industrial gases and equipment.

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Horizon Solutions Announces Leadership Change

April 16, 2015 10:07 am | by Horizon Solutions | News | Comments

The CEO/president transition represents next step in the execution of Horizon’s long-term strategic plan, with internal promotions setting the stage for streamlined growth. 

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Ansell New HyFlex Gloves Feature INTERCEPT Technology

April 16, 2015 9:44 am | by Ansell | Product Releases | Comments

The company is expanding its cut protection portfolio with a suite of new HyFlex gloves featuring INTERCEPT Cut Resistance Technology.

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Industrial Production In March Posts Biggest Drop Since 2009

April 15, 2015 4:21 pm | by Paul Wiseman, AP Economics Writer | News | Comments

For the first three months of the year, industrial output fell at an annual rate of 1 percent, the worst quarterly performance since the first quarter of 2009 during the Great Recession.

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Amazon Extends Ambitions To $6 Billion Online Auto Parts Market

April 15, 2015 11:01 am | by 360pi | News | Comments

Price and product intelligence provider 360pi's analysis of more than 30,000 Amazon auto parts reveal the e-tailer's price-matching strategy to reinforce market leadership.

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Weiler Donates $10,000 To New Orleans Habitat For Humanity

April 15, 2015 9:54 am | by Weiler Corporation | News | Comments

Weiler also gave an additional $4,500 in products to help with the build, and sent 51 workers to New Orleans to participate in February.

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PTDA Welcomes Three New Distributor Members

April 15, 2015 9:37 am | by PTDA | News | Comments

Two industrial distributors from Texas and one from New Zealand join the fold of the Power Transmission Distributors Association.

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Delta Tau New Laser Galvanometer

April 15, 2015 9:29 am | by Delta Tua | Product Releases | Comments

The new galvanometer allows a single motion controller running a unified program to take over every aspect of a laser scanning process.

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Jack Keough: MSC Industrial, Distributors Streamlining The Supply Chain

April 15, 2015 8:04 am | by Jack Keough, Contributing Editor | Blogs | Comments

As consolidation continues to increase, what MSC CEO Erik Gershwind said in the company's post-financial earnings conference call should give pause to other industrial distributors as to the importance of streamlining their supply chain efforts.

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